- Not far from the 38.2% fibo as the first obstacle towards 26K, and then the MA 162 in yellow towards 27K which can already reject us for the first time.
- The bearish crossing of the 2 MA Weekly MA 62 (in blue) and MA 38 (in orange) which are oriented downwards.
- If the break from the upside of the MA 162 in yellow is a start towards a bull run return.
- The price go higher, but with little volumes.
- The price is on a bar of VPFR (Volume Profile Fixed Range), to see if we close above 25K, it is possible that we will arrive at the next bar higher towards 30K to 32K
https://www.tradingview.com/x/clVBUOE4/
*** AMD: Accumulation, Manipulation and Distribution.
- If we have a distribution above 30K, possible return of the bull run for a second distribution above 48K or it's just a fake break out!
- If this is a manipulation that we are experiencing now on almost the 25K before the distribution below, then the downtrend will continue.
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